‘Thank You, Mr. President’—Trump Oil Price Shock Crashes Bitcoin Price

Bitcoin hit $109,000 the day Donald Trump was sworn in. On Sunday morning it sat near $67,500, down 38% from inauguration day, with Brent crude touching $119 a barrel and the S&P 500 coming off its worst week since 2020. "Crypto prices since Trump took office: BTC: -40%. ETH: -45%. TRUMP: -90%. …